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MBA Student's Compensation Study

The document is a report from an MBA student about their project on employee compensation. The student provides details on the title of the project, which is on employee compensation. The reason for selecting this title is that compensation includes various pay structures as well as benefits that attract and motivate employees. The objectives are to attract efficient employees to increase organizational performance and boost employee commitment and morale. The methodology discusses direct compensation such as salary, hourly wages, commissions and bonuses, as well indirect compensation. The outcome is that compensation will be perceived as fair if based on systematic factors and knowledge of the relevant industry and location.

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ranjith
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55 views1 page

MBA Student's Compensation Study

The document is a report from an MBA student about their project on employee compensation. The student provides details on the title of the project, which is on employee compensation. The reason for selecting this title is that compensation includes various pay structures as well as benefits that attract and motivate employees. The objectives are to attract efficient employees to increase organizational performance and boost employee commitment and morale. The methodology discusses direct compensation such as salary, hourly wages, commissions and bonuses, as well indirect compensation. The outcome is that compensation will be perceived as fair if based on systematic factors and knowledge of the relevant industry and location.

Uploaded by

ranjith
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Download as PDF, TXT or read online on Scribd
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General Report

Respected Madam,

I am Arulnidhi .T .N, a 1st year MBA student of the Bharathiar school of Management and
Entrepreneur Development, Bharathiar University, Coimbatore. I hereby added the details about my
project. Kindly check and review the following madam.

1.Title – Employee compensation

2. Reason for selecting the title – Compensation includes wages, salaries, bonuses and commission
structures. Employers shouldn't ignore the benefits portion of employee compensation and benefits,
because the benefits sweeten employmentcontracts with the priorities that most employees need.

3. Objective – Objectives of compensation management. To attract highly capable and


efficientemployees so that their efforts produces higher organizational performance. ... To increase the
motivation and morale ofemployees for achieving higher employeecommitment towards goals
and objectives of the organization.

4. Methodology- There are two different forms of compensationprovided to employees; direct and
indirect. Direct forms of compensation have a multitude of types or methods, from salaries to bonuses.
... They are salary, hourly, commission and bonus types of wages.

5. Outcome – Compensation will be perceived by employees as fair if based on systematic ... Know
which industry or geographic location the salary results pertain to before .

Regards & Thanks

Arulnidhi.T.N,

1st MBA

BSMED, Bharathiar University.

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